USCL vs BALT

Comparison between ISHARES CLIMATE CONSCIOUS & TRANSITION MSCI USA ETF (USCL, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).

USCL vs BALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USCL(ETF)	BALT(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.08%	0.69%
Max Drawdown	19.23%	4.89%
Sharpe Ratio	1.55	1.74
5Y Beta	0.95	0.21
P/E Ratio	27.44	N/A
Forward P/E	21.99	N/A
5Y EPS CAGR	24.48%	N/A
Debt to Equity	16.27%	N/A
P/S Ratio	4.17	N/A
P/B Ratio	5.23	N/A

Net Assets

USCL

$2.10B

Winner

BALT

$2.20B

Expense Ratio

Winner

USCL

0.08%

BALT

0.69%

Max Drawdown

USCL

19.23%

Winner

BALT

4.89%

Sharpe Ratio

USCL

1.55

Winner

BALT

1.74

5Y Beta

USCL

0.95

Winner

BALT

0.21

P/E Ratio

USCL

27.44

BALT

N/A

Forward P/E

USCL

21.99

BALT

N/A

5Y EPS CAGR

USCL

24.48%

BALT

N/A

Debt to Equity

USCL

16.27%

BALT

N/A

P/S Ratio

USCL

4.17

BALT

N/A

P/B Ratio

USCL

5.23

BALT

N/A

USCL vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	USCL	BALT
1 month	+8.10%	+0.89%
3 months	+5.02%	+0.70%
6 months	+6.19%	+3.17%
1 year	+24.18%	+7.68%
5 years(CAGR)	N/A	+5.92%
Max(CAGR)	+20.22%	+5.92%

Winner

USCL

+8.10%

BALT

+0.89%

Winner

USCL

+5.02%

BALT

+0.70%

Winner

USCL

+6.19%

BALT

+3.17%

Winner

USCL

+24.18%

BALT

+7.68%

5Y(CAGR)

USCL

N/A

BALT

+5.92%

Max(CAGR)

Winner

USCL

+20.22%

BALT

+5.92%

USCL vs BALT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	USCL	BALT
2026	+4.82%	+1.37%
2025	+14.58%	+6.57%
2024	+27.52%	+10.32%
2023	+12.72%	+7.61%
2022	N/A	+2.48%
2021	N/A	+0.82%

USCL vs BALT Drawdown Comparison

The maximum drawdown for USCL was -18.99%, occurring on Apr 8, 2025. Recovery took 90 trading sessions.

The maximum drawdown for BALT was -4.89%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.

The current BALT drawdown is -0.06%.

Rank	USCL	BALT
#1	-18.99% Feb 19, 2025 - Jun 30, 2025	-4.89% Feb 20, 2025 - Jun 3, 2025
#2	-10.24% Jan 12, 2026 - Apr 17, 2026	-2.16% Jan 4, 2022 - Jul 8, 2022
#3	-10.00% Jul 31, 2023 - Nov 30, 2023	-1.98% Aug 25, 2022 - Nov 10, 2022
#4	-8.58% Jul 16, 2024 - Sep 19, 2024	-1.85% Jul 16, 2024 - Aug 19, 2024
#5	-5.61% Oct 28, 2025 - Dec 24, 2025	-1.84% Sep 14, 2023 - Nov 14, 2023
#6	-5.42% Mar 28, 2024 - May 15, 2024	-1.15% Feb 25, 2026 - Apr 14, 2026
#7	-4.69% Dec 11, 2024 - Jan 30, 2025	-1.14% Aug 30, 2024 - Sep 13, 2024
#8	-2.57% Oct 8, 2025 - Oct 24, 2025	-1.03% Mar 28, 2024 - May 9, 2024
#9	-2.45% Jun 15, 2023 - Jun 30, 2023	-0.85% Jul 31, 2023 - Aug 30, 2023
#10	-2.44% Jul 25, 2025 - Aug 13, 2025	-0.85% Nov 11, 2025 - Nov 25, 2025
#11	-2.39% Oct 18, 2024 - Nov 6, 2024	-0.76% Dec 16, 2024 - Dec 24, 2024
#12	-2.19% Nov 11, 2024 - Nov 26, 2024	-0.76% Mar 6, 2023 - Mar 21, 2023
#13	-1.82% Jan 29, 2024 - Feb 2, 2024	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	-1.81% Dec 28, 2023 - Jan 10, 2024	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	-1.68% Sep 22, 2025 - Oct 6, 2025	-0.55% Oct 8, 2025 - Oct 20, 2025